https://www.taxtmi.com/caselaws?id=405699 In economic offences and money laundering matters, bail depends on the facts of the individual case and there is no rigid rule for grant or refusal. The Madras HC noted that the complaint had been filed, the case was at the stage of check and call, custody had lasted about 91 days, and passports had been surrendered in a connected case. As further investigation could continue after release and the risk of abscondence or witness tampering was not substantial, bail was granted subject to reporting and compliance conditions, with liberty to seek cancellation for breach. en-us Wed, 10 Mar 2021 00:00:00 +0530 Mon, 28 Oct 2024 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405699 In economic offences and money laundering matters, bail depends on the facts of the individual case and there is no rigid rule for grant or refusal. The Madras HC noted that the complaint had been filed, the case was at the stage of check and call, custody had lasted about 91 days, and passports had been surrendered in a connected case. As further investigation could continue after release and the risk of abscondence or witness tampering was not substantial, bail was granted subject to reporting and compliance conditions, with liberty to seek cancellation for breach. Case-Laws Money Laundering Wed, 10 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405699